BusienssBid

Blogs

Why is Cloud-Based Procurement Gaining Importance Lately?

20 - May - 2023

Cloud-based procurement has become increasingly popular with companies in various...

Technological Advancements in Procurement Process

15 - May - 2023

In todays fast-paced business landscape, technology is the key to unlocking...

Spend Analysis Made Simple: A Beginners Guide to Step

10 - May - 2023

In todays dynamic business landscape, effective procurement management is paramount...

Risk Management In Procurement

05 - May - 2023

Managing internal and external risks to your supply chain is the process of...

How to Avoid Maverick Spending?

30 - April - 2023

Do you know that there are corporate mavericks out there who are costing companies...

Category Management All You Should Learn

25 - April - 2023

The field of procurement is incredibly broad and for good reason...

Best Procurement Software for Small Business-Making the Right Choice

20 - April - 2023

Do you find it difficult to manage your procurement tasks while juggling multiple...

Benefits of e-Procurement

15 - April - 2023

In this age of digital transformation, businesses have learned firsthand the...

Centralized vs Decentralized Purchasing: How Business Can Benefit?

10 - April - 2023

Businesses are continually seeking methods to enhance their processes and boosts...

RFI, RFP, and RFQ: Understanding the Key Differences

05 - April - 2023

RFI, RFP, and RFQ are distinct parts of the procurement process that serve different...

Top 8 Procurement Trends to Watch in 2023

30 - March - 2023

Do you want to avoid constantly dealing with rising costs in your business? One area...

Understanding Procurement Lifecycle With 14 Easy Steps

25 - March - 2023

Procurement is vital for any organization, ensuring that goods and services are...

Why a Comprehensive Supplier Management Process is Critical for Your Business

20 - March - 2023

Globalization has changed the game in today`s rapidly evolving business landscape...

Streamlining Your Purchasing with Purchase Order Processes

15 - March - 2023

Do you want to avoid all sorts of mess around your purchase orders created by poor...

Procurement vs. Supply Chain Management: What's the Difference

10 - March - 2023

Have you ever observed the confusion surrounding the contrast between procurement...

Direct vs. Indirect Procurement: Understanding the Differences

05 - March - 2023

The simplest definition of procurement is finding and securing the goods and services...

Track Your Purchase Order In These Easy Steps

01 - March - 2023

Do you want to avoid all sorts of mess around your purchase orders created by poor...

Ultimate Guide to Procurement Management

25 - February - 2023

As a small team, selecting the tools you need to get the job done is a breeze - identify...

Scale Your Business With These Simple Steps to Building Solid Digital Procurement Strategy

20 - February - 2023

Do you want to see your competitors excel in the digital world while you're still...

The Significance of Good Received Note- What Is It and Why Can’t You Ignore It

15 - February - 2023

To keep a business running smoothly, it's important to have a consistent supply...

Purchase Orders vs. Invoices: Understanding the Key Differences

10 - February - 2023

As a smart business owner, it is crucial to understand the role of cash outflow...

Procure Like a Pro: Maximizing Businesses Savings with Streamlined Processes

05 - February - 2023

Are you still relying on paper-based procurement processes? If so, it's time to...

Procure-to-Pay Process: A Step-by-Step Guide

30 - January - 2023

The purchasing landscape has undergone a radical shift in the past decade, and its...

PROCUREMENT vs SOURCING- How Are They Changing Supply Chain Dynamics?

25 - January - 2023

It's simple to assume that Sourcing and Procurement are interchangeable terms for...

Sourcing vs. Procurement: All You Need To Know

20 - January - 2023

As a savvy business owner, you should know the cash outflow role as a critical component of...

Increase Your Accuracy with 3-Way Matching: A Guide to Streamlining Your Procurement Process

15 - January - 2023

Imagine your business unknowingly paying for errors and duplicates, causing you to lose...

Five Major Elements For Better Digitalization Procurement Strategy

10 - January - 2023

Procurement professionals must leverage digital technology as a competitive benefit to...

Top Procurement Projects Ideas That Can Inspire You

02 - January - 2023

The difficult phase of the procurement process was Covid times. While 2020 was a year of...

Restructure Procurement To Suit A Transforming Marketplace And New Panel Standards

22 - December - 2022

The attention of CEOs, directors, and officials of the broader executive committee will grow ...

Following Questions Can Procurement Help A Company | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

Which Of The Following Questions Can Procurement Help A Company Answer?

06 - December - 2022

When a business needs to purchase products or services from a third party, the process is ...

Vendor Management Process | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

How to Overcome These Top 9 Challenges in the Vendor Management Process?

30 - November - 2022

The term Vendor Management refers to the methods and discipline set by an organization ...

Spend Analysis | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

Key Features That Must Be Considered While Choosing Procurement Software

25 - August - 2022

Choosing eProcurement software is crucial as it serves as a driving force ...

Purchase Order Automation: A Key to Efficient Business

18 - August - 2022

In today’s blog, we shall find out what Purchase Order Automation is,...

Spend Analysis in Procurement

08 - August - 2022

Close Monitoring And Keeping Track Of Spending Is One Of The Key Elements ...

Improve Delivery Time and Process using eProcurement Software

27 - July - 2022

Delivery time is one of the crucial aspects that can affect your business's bottom line. Every buyer expects a decent delivery time with ...

Creating and Managing Product Catalogue using eProcurement Software

12 - July - 2022

We have been highlighting and talking about the evolving business trends and how eProcurement software has turned the tables and ...

Importance of Vendors Management and Collaboration – Top trend in eProcurement

06 - July - 2022

When we talk about the latest emerging trends in e-procurement...

How Does e-Procurement Software Help Businesses in Contract Management?

15 - June - 2022

With the evolution of innovative and smart software solutions ...

Reputation of Inventory Management for a Resourceful Procurement.

07 - June - 2022

A viable and effective purchasing capacity is basic for your business ...

Blanket Purchase Order and Its Use

26 - May - 2022

Blanket Purchase order (BPO) is a drawn-out arrangement between an association and a provider to convey labor ...

Procurement Budgeting, How to Stay Within Budget...

20 - May - 2022

Budgeting is a significant piece of monetary...

What Is a Request for Quote (RFQ)? Salient elements...

15 - April - 2022

A request for quote (RFQ), otherwise called an...

Role of Project Management in e-Procurement software

01 - April - 2022

Procurement is an important cycle in the production network and, with the approach of the web, Procurement processes...

Spend Analysis importance and How Spend Analysis Support E-procurement software?

16 - March - 2022

Spend Analysis is the most common way of...

Requisitions | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

Requisition in e-procurement software

01 - March - 2022

A requisition is an official request for procurement of a product or service, naturally requested by a business...

What Is eProcurement Software | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

What is eProcurement software, how eProcurement software works.

01 - February - 2022

Topmost Advantages of utilizing eProcurement software, and Top Essentials that any eProcurement software design ought to have...

What Is EOI | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

What is EOI? And Contents of EOI Document.

16 - January - 2022

An Expression of Interest (EOI) is one of the first transaction documents assigned...

Audit Trail In Procurement | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

Audit Trail in Procurement: Its Types, Persistence, significances, Perks, and How to Implement it?

1 - January - 2022

The trail to check the sequence of verified computer events linking any activity together...

eContract | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

E-Contract collaboration benefits and Implementation with simple and easy steps.

01 - December - 2021

E-contracting means the ordering of electronic transactions between customers...

eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

What Is Supplier Performance Management?

01 - November - 2021

The process that companies used to measure, investigate, and manage supplier...

Reservauvtion | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

What is a Reverse Auction in e-Procurement software?

01 - October -2021

An Auction is a Process in which buying and selling of items, services, or products take place.

Tending | eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

The Tendering Process In E-Procurement Software

01 - September - 2021

Tendering is the process of inviting bidders to submit their bids for a product...

What is Invoice Matching in E-procurement System

01 - August - 2021

The Procedure to make sure that there is no inconsistency between Purchase orders...

Procure To Pay Automation – Benefits And Best Practices

01 - July - 2021

Successful companies understand that, in today's global and growing competitive...